There is a demo account facility which potential clients of Videforex can access to try out the services offered by the broker. However in order to gain access to the demo account facility, you need to first register with Videforex for an account. Once you have registered your details with the broker, only then will you be able to try out the demo account. Another interesting fact that we noted about Videforex is that their trading platform is web based and proprietary. As per the broker’s terms and conditions, opening an unleveraged cryptocurrency CFD position will face a charge of 1–2.5% of the transaction value.
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- Our easy-to-follow guide also shows you how to make trades on the Videforex platform.
- Overnight positions attract a swap fee, and both deposit (for certain methods) and withdrawal transactions might incur additional costs.
- Always check your finances, experience, and risk level before investing, and consult a licensed financial advisor if needed.
- Yes, but you need to make a deposit first and contact customer support to get your demo account credentials.
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Account types
Among the financial service providers, there are fraudsters that we promptly report. Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. The trading panel allows real-time position entry with controls for trade size, expiration, and direction (Call/Put).
The AI Trade feature automates strategies using predefined algorithms. When you make an initial deposit into your account, Videforex rewards you with bonuses that depend on the amount of deposit and can reach up to 100%. If you have experience trading with Videforex please share your personal review of the broker and what you think are strong and weak points. If you have traded with Videforex we would really like to know about your experience – please submit your own review. This average customer rating is based on 6 Videforex customer reviews submitted by our visitors. Compare the markets and instruments offered by Videforex and its competitors.
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This allows you to automatically replicate the trades of successful traders within the Videforex community. By selecting top-performing traders to follow, you can benefit from their expertise and potentially achieve similar results. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. With direct access to Copy Trading, Turbo Saving plans, and real-time trade tracking, users can manage every aspect of their trading experience from a single interface. Users can toggle between live and demo accounts via the top-right menu in the VideForex platform, enabling practice in risk-free conditions before moving to actual capital deployment.
- The company’s forgotten password process is straightforward and customers can follow their profiles on social media, such as Twitter and Instagram for live updates.
- At TradingCritique, our reviews, comparisons, and trading guides are based on independent research and verified information from reliable sources.
- Yes, Silver and Gold account holders gain access to masterclass webinars, and all users can benefit from platform tutorials and guides.
- Deposits process instantly, while withdrawals may take up to an hour.
- Both novice and experienced traders can join, as all accounts are automatically entered.
Copy Trading
Videforex employs robust security measures to protect user data and funds. The platform uses SSL encryption to safeguard sensitive information and ensures that client funds are kept in segregated accounts. Additionally, Videforex has detailed privacy policies outlining how they collect, store, and Best etf to day trade use user data, ensuring transparency and trustworthiness. Videforex is a legitimate and regulated broker, ensuring a safe and secure trading environment for its clients. These licenses ensure that Videforex adheres to industry standards and regulatory requirements.
This effectively allows you to borrow money to strengthen your position. Videforex offers a Rollover tool, expanding positions up to 100% initially. While it usually costs $1 per rollover, free rollovers depend on deposit and account type, which is a nice touch. Videforex has its own mobile app which supports the broker’s web-based platform. It is available to download for both Android and iPhone through the respective app stores or from their website.
Investors can also use their browser-based login details to access the mobile platform. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments.
Keep in mind though, Videforex is unregulated, and we always recommend caution before trading with unlicensed providers. Another perk is the Rollover tool which lets traders increase positions up to 100% of the selected timeframe on the first use. These similar brokers are the highest rated alternatives to Videforex. To initiate transactions, log in to your Videforex account and visit the “Cashier” section.
For beginner traders who are just starting out, there is the Bronze account. This account only requires a minimum deposit of $250 to open and comes with a 20% deposit bonus. Clients can deposit and withdraw in 60 seconds, manage portfolios in a few clicks and view live charts of all available assets. The platform also provides instant order executions, detailed trading history and built-in live video chat support.
This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. Yes, their support is available 24/7 and you can contact them via live video chat, phone call and Faq. The Videforex dashboard serves as the operational hub for traders, integrating essential features such as account switching, fund transfers, trading stats, and security preferences.
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This makes it ideal for new traders needing quick, accessible help. For VIP traders, Videforex has made available the Gold trading account. The Gold account requires a minimum deposit to open and comes with additional benefits such as 100% deposit bonus and the attention of a personal success manager. Being a client oriented broker, we were not surprised to find that Videforex does provide their clients with a mobile version of their web platform.
According to the statistics, 75-89% of customers lose the funds invested, and only 11-25% of traders earn a profit. The website suspiciously offers big bonuses for signing up and claims you can make 95% profit in just 60 seconds. This lack of regulation can be risky for clients, as there’s no oversight or protection to make sure the broker is fair and honest. Videforex is a legitimate broker where traders can generate profits through the firm’s suite of trading products and services. Despite this, there are some negative reviews, so always do your research before committing funds. Videforex will show a customer’s deposit as pending while it waits for confirmation from its payment system.
Videforex is an online broker that provides access to various markets through binary options and CFDs. The broker has a proprietary web-based platform that features live video chat support and copy trading. Videforex also offers attractive bonuses, fast withdrawals, and trading contests for its clients. However, the broker is not regulated by any reputable authority and has high spreads and commissions compared to other brokers. Videforex excels with its binary options and leveraged CFDs, covering major, minor, and exotic currency pairs, plus commodities like gold.